Anatomy of a Crack-Up: The Marc Dreier Case
What's remarkable is that Marc Dreier fooled so many people for so long. People had faith in Dreier, who delivered on his promises -- until he self-destructed
Although it's now clear there was no legitimate way Marc Dreier could have afforded the extravagant life he lived, he managed to fool a large number of people for a long time. At his law firm there was talk of his prowess as an investor and about money he was said to have inherited. Mostly, though, there was faith in Dreier himself, who until last December, delivered on his promises to the lawyers who worked for him. Even when they look back, they say they had no reason not to believe in Dreier.